FMAG: Significant Second Half Underperformer (Rating Downgrade)
Source: SeekingAlpha
2025-11-21 09:59:57 ET
FMAG Overview
The Fidelity Magellan ETF ( FMAG ) is an actively managed exchange-traded fund (also known as an ETF) that invests in mostly large-cap American-listed stocks, with additional minor exposure (under 5%) in global equities outside the U.S. Fidelity is pitching that they have the potential to outperform the broad market S&P 500 index, using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments that outperform the benchmark....
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FMAG: Significant Second Half Underperformer (Rating Downgrade)
Fidelity Magellan ETF
NASDAQ: FMAG
FMAG Trading
0.55% G/L:
$20.18 Last:
354,712 Volume:
$20.07 Open:
